An agreement for a new tournament to replace the existing European Cup structure has been signed, European Rugby and the Rugby Football Union announced on Thursday night.
The 20-team Champions Cup will be the showpiece event of European Professional Club Rugby, the newly-established Switzerland-based organisers.
The RFU said in a statement: "A new deal on European club rugby has been signed. All nine stakeholders have underlined their commitment to an invigorated competition that will start in the 2014/5 season and meets the requirements of all the parties involved."
The RFU statement added: "BT and Sky have reached an agreement in principle concerning arrangements for the European Rugby Champions Cup and the European Rugby Challenge Cup competitions, both of which would be broadcast jointly by BT Sport and Sky Sports."
- Sports & Recreation
- Rugby Football Union